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Committee moves into closed session to negotiate TID 3 development agreement
Summary
At 7:16 p.m., Alder Peter Hartzheim moved to adjourn to closed session pursuant to Wisconsin Statute 19.85(1)(e) to discuss negotiating a development agreement in TID 3; the motion passed on a roll-call vote in favor by Benz, Hartzheim, Horetzki, Linke, Thomas and Ault.
At 7:16 p.m. Alder Peter Hartzheim moved, seconded by Alder Joe Horetzki, to adjourn to closed session "pursuant to Wisconsin Statute 19.85(1)(e) deliberating or negotiating the purchasing of public properties, the investing of public funds or conducting other specified public business whenever competitive or bargaining reasons require a closed session," specifically to discuss negotiating a development agreement in Tax Incremental District 3 (TID 3). The roll-call vote recorded Benz, Hartzheim, Horetzki, Linke, Thomas and Ault in favor and the motion passed.
The committee reconvened to open session at 7:28 p.m. following a motion by Alder Dan Ault, seconded by Alder Marcy Benz. That motion also passed on a roll-call vote. The substance of the closed-session negotiations was not disclosed in the open record.
